Blue Cash Preferred® Card
American Express
Annual fee
$0 intro annual fee for the first year, then $95
Rewards rate
6%-1%
Welcome Bonus
$300
Apply Now →on American Express's website
Regular APR:19.49%-28.49% Variable APR
- 6%Cash back at U.S. supermarkets
- 6%Cash back on select U.S. streaming subscriptions
- 3%Cash back on gas
- 3%Cash back on transit
- 1%Cash back on other purchases
Welcome Bonus:
Earn $300 cash back after you spend $3,000 in eligible purchases within the first 6 months.
Reward Rate:
Earn 6% cash back at U.S. supermarkets on up to $6,000 per year in purchases.
APR:
19.49%-28.49% Variable APR
The Blue Cash Preferred® Card is an excellent choice for those who want to maximize cash back on everyday spending, especially groceries and streaming services.
Pros:
- High cash back on groceries
- No annual fee first year
Cons:
- Annual fee after first year
- High variable APR
The Blue Cash Preferred® Card is well-suited for consumers who frequently spend on groceries and streaming services, offering substantial cash back rewards in these categories. However, the card's annual fee after the first year should be considered against potential rewards to determine its overall value for individual spending habits.